You are here: Home > Blog > Why Mom and Dads at Home Have Started Investing in Cryptocurrencies


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Why Mom and Dads at Home Have Started Investing in Cryptocurrencies

Why Mom and Dads at Home Have Started Investing in Cryptocurrencies

May 25, 2020

Small investors are investing small sums in cryptocurrency and they are helping crypto to go truly mainstream.

Are you a normal parent sitting at home and looking to explore a great income generating opportunity?

Do you know how you can start a great profits generating model without investing any capital or startup costs?

Are you someone who does not have a lot of time on his or her hands but still hope to earn some income for a rainy day?

We all know how everything is getting more expensive by the day. From food items to tuition fees, a normal parent is struggling to make ends meet. Normal families are suffering because of lack of good employment or business opportunities all over the world.

Most families have one parent who is working a typical 9-5 job, while the other parent is at home taking care of all the other responsibilities. In such a situation, if a family is able to generate some income on the side, it can be very helpful for them.

Mom-and-Dad Investors in Cryptocurrencies: A New and Exciting Reality

In an article published by a reputed Crypto Exchange, a new statistic took the crypto ecosystem by surprise. It was found that a majority of new investors in cryptocurrencies like Bitcoins were not software engineers, Wall Street professionals or tech tycoons.

Rather, the statistics showed that a number of small families, mom-and-dad businesses have started investing in cryptocurrencies. These small investors are investing small sums in crypto trading and are finding this medium to not only be easy, but also highly lucrative.

It should be pointed out that these investors are contributing to the crypto ecosystem is a massive way. Not only are they making crypto go truly mainstream, they are also dealing in small Bitcoin amounts and percentages.

It was found that in the last two months, the influx of mom-and-dad investors has grown. When Bitcoin hit the $3500 mark in mid-March, it saw many people buy it for a low amount. When it hit the $9000 mark in mid-April (just under two months) many people sold it and generated handsome profits.

Why Cryptocurrencies are emerging as a preferred Investment and Earning Option?

One of the major reasons why normal people are taking to crypto investments is because it is instant in terms of profit making. While the volatility is something, which is not desirable, people have identified a favourable curve of making investments at the right time.

Another reason is the ease of doing trades on exchanges and trading platforms. Most of these platforms work with the best software. The software is so good at making suggestions that all normal people need to do is listen to it before making a transaction.

In places like USA and in major European countries, the proliferation of Bitcoin ATMs mean that you can easily convert your winnings into currency instantly. Add to this the positive foundation of Bitcoin and other crypto as a currency, which the government cannot tax.

The attraction also stems from the fact that unlike setting up a new business, taking up crypto trading does not require any major investment. Add to this the fact that you do not have to spend eight to ten hours every day to be a successful trader.

There is no need to understand the complications or the technology. You invest a small sum of money today, watch it grow and cash out at an appropriate time. Investing and trading in crypto is as easy as that.

Conclusion

While critics lament that the new breed of investors are adding to fluctuations and volatility because of fast buying and selling, they agree that this is a step in the right direction. If you are someone who identifies with the millions of families that have been mentioned in the article, you need to visit the wealth matrix.


Tradingview
  • Tradingview: Free Charts, Quotes and Trade Ideas
  • Great charting tool for forex traders
  • The leading social network for traders and investors


Compare brokers

Buy Cryptocurrency
SPECTRE
  • SPECTRE: The future of Digital Options, Forex and CFD trading
  • Broker-less trading platform
  • Powered by blockchain and a decentralized autonomous liquidity pool
  • Free demo

Bitvavo
  • Buy, sell, and store more than 50 digital assets at one of Europe's leading cryptocurrency exchanges
  • Visit Bitvavo

Fortrade

ICMarkets

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Our website is free for our visitors, but in order to provide this free service we may be compensated, receive commissions or advertising fees from brokers listed on our website.